Name of ETF: ProShares Ultra Yen
Ticker Symbol: YCL
Daily Target: 2x
Underlying Currency: This ETF allows investors to take a leveraged position on the US dollar relative to the Japanese Yen. In the case of this ETF, the multiplier is 2x (200%). The ETF is designed to go up if the Yen appreciates in value relative to the US dollar. If the Yen depreciates in value relative to the US dollar, the ETF is designed to go down.
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